Monthly Archives: April 2016

Negotiating a Financial Aid Award

For most people, college is not affordable, even with an aid package. If the aid package at your dream school is insufficient, you might be thinking of trying to negotiate a better one. While aid adjustments are generally infrequent, the worst that can happen if you ask is that they say no; the school won’t rescind the original offer. Colleges can adjust aid packages through a process called Continue reading Negotiating a Financial Aid Award

Subsidized vs Unsubsidized Direct Loans

Many aid packages include Direct Loans, which may be subsidized or unsubsidized. The difference is simple: with an unsubsidized loan, interest accrues starting on day 1 of the loan even if you choose to defer while in school. With a subsidized loan, Continue reading Subsidized vs Unsubsidized Direct Loans